2020-07-14T15:25:34-05:00 2019-12-31 381357951 PLANTE & MORAN PLLC 10 SOUTH RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2019-01-01 382746841 SME EDUCATION FOUNDATION SMEE 3134253000 1000 TOWN CENTER NO 1910 SOUTHFIELD MI 48075 CRAIG CONNOP CFO 3134253000 2020-06-30 1 DAVID LOWENTHAL P00378651 3122071040 2020-06-30 73.144.97.93 2020-06-30 11:42:13 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 737380BCD7AD51223FD12A91753DF01CE9F34789 2019 2020-09-23 17:36:50Z CRAIG CONNOP 1000 TOWN CENTER NO 1910 SOUTHFIELD MI 48075 8526723 0 X WWW.SMEEF.ORG X 1987 MI THE SME EDUCATION FOUNDATION MISSION IS TO INSPIRE, PREPARE, AND SUPPORT THE NEXT GENERATION OF MANUFACTURING ENGINEERS AND TECHNOLOGISTS. 10 10 9 163 0 0 2758087 3916951 231661 48408 1229275 2085230 22734 168441 4241757 6219030 2042866 1901787 0 0 647955 876588 15448 9900 297965 673867 693326 3380136 3481601 861621 2737429 22057779 27110002 1174411 1080079 20883368 26029923 X A. TO OPERATE AND ACT EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSE OF THE SOCIETY OF MANUFACTURING ENGINEERS, A TAX-EXEMPT CHARITABLE ORGANIZATION WHICH IS DESCRIBED IN SECTION 501 (C ) (3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, (THE "CODE"), AND WHICH IS NOT A PRIVATE FOUNDATION, AS SUCH TERM IS DEFINED IN CODE SECTION 509, PURSUANT TO CODE SECTION 509(A)(2). B. THE SME EDUCATION FOUNDATION'S MISSION IS TO PREPARE THE FUTURE ENGINEERS AND TECHNOLOGISTS FOR MANUFACTURING CAREERS THROUGH OUTREACH PROGRAMS TO ENRICH STUDENTS TO STUDY SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) IN ALIGNMENT WITH SME. C. TO OPERATE AND ACT EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SUCH TERMS ARE USED IN CODE SECTION 501(C)(3). D. TO RECEIVE AND ADMINISTER ASSETS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SUCH TERMS ARE USED IN CODE SECTION 501(C)(3). 0 0 1330609 1174923 48408 SCHOLARSHIPS: IN 2019 THE SME EDUCATION FOUNDATION AWARDED ACADEMIC SCHOLARSHIPS TO 603 GRADUATING HIGH SCHOOL SENIORS, CURRENT UNDERGRADUATES AND MASTERS OR DOCTORAL DEGREE STUDENTS PURSUING POST-SECONDARY DEGREES IN MANUFACTURING ENGINEERING, MANUFACTURING TECHNOLOGY, AND RELATED FIELDS. TOTAL SCHOLARSHIP AWARDS DISTRIBUTED TO 173 HIGHER EDUCATIONAL INSTITUTIONS EQUALED $1,174,923. 845378 717274 EDUCATIONAL PROGRAMS: THE PRIME (PARTNERHSIP RESPONSE IN MANUFACTURING EDUCATION) PROGRAM PROVIDES HIGH SCHOOL STUDENTS WITH HANDS-ON TRAINING AND MANUFACTURING SKILLS THROUGH ACCESS TO ADVANCED TECHNOLOGIES, INDUSTRY-LED CURRICULUM, JOB SHADOWING AND MENTORING PROGRAMS. CASH, EQUIPMENT AND CURRICULUM TOTALING $717,274 WAS DONATED TO SCHOOLS IN THE PRIME NETWORK IN 2019. 21668 9590 EDUCATIONAL EVENTS AND ACTIVITIES: PROJECTS INCLUDED SPONSORSHIP OF GIRL'S STEM CAMP AND SME STUDENT CHAPTER ASSISTANCE. 2197655 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA IL MI NJ NY OH PA WA WI MN AL X CRAIG CONNOP 3134253000 1000 TOWN CENTER NO 1910 SOUTHFIELD MI 48075 KATHY BURNHAM PRESIDENT 4.00 0.00 X X 0 0 0 SUE SHIMOYAMA VICE PRESIDENT/SECRETARY 2.00 0.00 X X 0 0 0 PETER F MACKIE TREASURER/CHAIR OF FINANCE 2.00 0.00 X X 0 0 0 THOMAS BRIDGE DIRECTOR 2.00 0.00 X 0 0 0 WAYNE FROST DIRECTOR 2.00 0.00 X 0 0 0 JOE KANN DIRECTOR 2.00 0.00 X 0 0 0 GWENDOLYN MALONE DIRECTOR 2.00 0.00 X 0 0 0 IRVING PRESSLEY MCPHAIL DIRECTOR 2.00 0.00 X 0 0 0 KARLA MIDDLEBROOKS DIRECTOR 2.00 0.00 X 0 0 0 JOHN MILLER DIRECTOR 2.00 0.00 X 0 0 0 BRIAN RUESTOW DIRECTOR 2.00 0.00 X 0 0 0 PAMELA RUSCHAU DIRECTOR 2.00 0.00 X 0 0 0 MARK STRATTON DIRECTOR 2.00 0.00 X 0 0 0 RAY BETZ DIRECTOR - PART YEAR 2.00 0.00 X 0 0 0 SANDRA BOUCKLEY EXECUTIVE DIRECTOR & CEO 4.00 46.00 X 47163 542370 22425 CRAIG CONNOP CHIEF FINANCIAL OFFICER 4.00 46.00 X 7352 84557 15753 JULIE DUFF VP, FINANCE 4.00 46.00 X 19661 226097 16567 ROBERT LUCE VP, SME EDUCATION FOUNDATION 50.00 0.00 X 145177 0 28790 219353 853024 83535 1 0 1 0 0 578397 3338554 3916951 SCHOLARSHIP ADMINISTRATION REVENU 561000 48408 48408 48408 392908 392908 4000015 2307693 1692322 1692322 1692322 MISCELLANEOUS REVENUE 561000 168441 168441 168441 6219030 48408 0 2253671 726864 726864 1174923 1174923 226929 8698 122549 95682 537706 169358 269401 98947 24260 10070 9907 4283 37216 13690 11136 12390 50477 12880 24958 12639 15863 15863 39697 39697 9900 9900 30670 30670 3184 3184 67011 37663 29348 28844 3086 23062 2696 53979 28450 25529 92623 34398 42156 16069 30865 15238 15252 375 312766 312766 521 521 MISCELLANEOUS 17000 2000 15000 STUDENT AWARDS & PRIZES 303 188 115 3481601 2197655 985981 297965 1883008 1933518 316000 602170 447750 1324449 9900 13860 77670 71941 0 5729 19401121 23230276 22057779 27110002 4527 60274 120000 135000 180649 246555 869235 638250 1174411 1080079 X 4553783 5861358 16329585 20168565 20883368 26029923 22057779 27110002 X 2737429 2443940 -34814 X 0 1 X 1 0 X 1680978 2518119 2561488 2758087 3916951 13435623 1680978 2518119 2561488 2758087 3916951 13435623 4483516 8952107 287706 324158 387061 327766 392908 1719599 22910 22120 22734 216849 284613 15439835 517089 0.57980 0.48960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 16634755 104636 3609008 522814 1487798 18337787 17959527 30940 -1254712 578491 -477491 16634755 16437845 134472 3246844 514219 1345415 17959527 15867363 400071 1073961 467276 436274 16437845 17984841 102835 -215314 499199 1505800 15867363 0.23700 0.38500 0.37800 0 0 77670 71941 5729 5729 ANNUITY OBLIGATIONS 19390 DUE TO SME 618860 638250 8632300 2443940 2443940 6188360 30670 30670 6219030 3485745 34814 34814 3450931 30670 30670 3481601 PART V, LINE 4: SME-EF CLASSIFIES DONATIONS AS PERMANENTLY RESTRICTED ENDOWMENT FUNDS IN THOSE INSTANCES IN WHICH THE DONOR HAS STIPULATED THAT THE PRINCIPAL IS TO BE MAINTAINED IN PERPETUITY FOR THE BENEFIT OF SME-EF. SME-EF IS ENTITLED TO THE EARNINGS OF SUCH FUNDS FOR OPERATING PURPOSES OR SUCH OTHER PURPOSE SPECIFIED BY THE DONOR. EARNINGS FROM PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE TEMPORARILY RESTRICTED UNTIL USED FOR THE PURPOSE INTENDED BY THE DONOR, PRIMARILY TO SUPPORT STEM RELATED YOUTH PROGRAMS AND SCHOLARSHIPS. THE BOARD OF DIRECTORS HAS DESIGNATED CERTAIN ACCUMULATED UNRESTRICTED EARNINGS OF ENDOWMENT FUNDS AND AMOUNTS FOR WHICH RESTRICTIONS HAVE BEEN MET AS BOARD-DESIGNATED (QUASI) ENDOWMENT FUNDS. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVALUATION OF CHARITABLE GIFT ANNUITY OBLIGATIONS 34,814. PART IV, LINE 2B: ECROW AND CUSTODIAL ACCOUNTS SME EDUCATION FOUNDATION ("SME-EF") SERVED AS AN INTERMEDIARY FOR CERTAIN NON-STEM SCHOLARSHIP PROGRAMS WHEREBY THE SCHOLARSHIP RECIPIENTS WERE SELECTED BY THE DONOR. X X X X X 1 NONPROFIT DEVELOPMENT SOLUTIONS 745 GRAND MARAIS GROSSE POINTE PARK MI 48230 GRANTWRITING 0 380000 9900 370100 380000 9900 370100 CA IL MI MN NJ NY OH PA WA WI AL 1 ALABAMA TECHNOLOGY NETWORK 135 S UNION STREET STE 441 MONTGOMERY AL 36104 GOVERNMENT 25000 PRIME SCHOOL SUPPORT BARBERTON HIGH SCHOOL 555 BARBER RD BARBERTON OH 44203 346000187 GOVERNMENT 34000 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT CENTRAL COLUMBIA SCHOOL DISTRICT 4777 OLD BERWICK ROAD BLOOMSBURG PA 17815 231659549 GOVERNMENT 7000 45580 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT CORNERSTONE HEALTH TECH HIGH SCHOOL 17351 SOUTHFIELD FWY DETROIT MI 48235 454841915 GOVERNMENT 38260 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT EASTSIDE HIGH SCHOOL 603 E GREEN ST BUTLER IN 46721 351074089 GOVERNMENT 14067 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT FRASER PUBLIC SCHOOLS 33466 GARFIELD FRASER MI 48026 386002514 GOVERNMENT 243 153709 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT GRAND HAVEN AREA PUBLIC SCHOOLS 17001 FERRIS STREET GRAND HAVEN MI 49417 386003290 GOVERNMENT 7500 PRIME SCHOOL SUPPORT GRAND VALLEY STATE UNIVERSITY 301 FULTON ST W PO BOX 1945 GRAND RAPIDS MI 49501 381684230 GOVERNMENT 9000 PRIME SCHOOL SUPPORT LEBANON SCHOOL DISTRICT 224 WEST COMMERCIAL STREET LEBANON MO 65536 446003191 GOVERNMENT 35000 PRIME SCHOOL SUPPORT OZARKS TECHNICAL COMMUNITY COLLEGE FOUNDATION 1001 EAST CHESTNUT EXPRESS SPRINGFIELD MO 65802 431753974 GOVERNMENT 35000 PRIME SCHOOL SUPPORT PLYMOUTH-CANTON COMM SCHOOLS 454 S HARVEY STREET PLYMOUTH MI 48170 386004186 GOVERNMENT 5835 PRIME SCHOOL SUPPORT ROMEO COMMUNITY SCHOOLS 316 NORTH MAIN STREET ROMEO MI 48065 386002495 GOVERNMENT 33666 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT STARKWEATHER ACADEMY 39750 JOY ROAD PLYMOUTH MI 48170 386004186 GOVERNMENT 150 31387 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT WADSWORTH HIGH SCHOOL 524 BROAD STREET WADSWORTH OH 44281 346002962 GOVERNMENT 48128 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT TOOLING UNIVERSITY 3615 SUPERIOR AVE E STE 4405A CLEVELAND OH 44114 380298770 GOVERNMENT 62500 PRIME SCHOOL SUPPORT WHITEHALL HIGH SCHOOL 3100 WHITE LAKE DR WHITEHALL MI 49461 386002973 GOVERNMENT 18929 FMV MFG. EQUIPMENT/CURRICULUM PRIME SCHOOL SUPPORT 16 COLLEGE AND TECHNICAL SCHOOL SCHOLARSHIPS 603 1174923 PART I, LINE 2: SITES WITHIN OUR PRIME NETWORK THAT RECEIVE FUNDING FROM SME-EF ARE HIGHLY ENGAGED WITH BOTH SME-EF STAFF AND THEIR LOCAL SUPPORTING INDUSTRY PARTNER. ALL PRIME DESIGNATED SITES COMPLETE YEAR END REPORTS THAT DETAIL FUNDING ALLOCATIONS AND EXPENDITURES. AN SME-EF STAFF MEMBER OR SME VOLUNTEER VISITS OR CONSULTS WITH EACH PRIME SCHOOL AT LEAST ANNUALLY TO MONITOR AND SUPPORT THEIR PROGRAM. 1 0 0 1 1 0 0 0 0 SANDRA BOUCKLEY EXECUTIVE DIRECTOR & CEO 41663 479124 5200 59800 300 3446 1445 16615 349 4016 48957 563001 0 0 JULIE DUFF VP, FINANCE 10948 125906 3853 44304 4860 55887 598 6878 727 8364 20986 241339 0 0 ROBERT LUCE VP, SME EDUCATION FOUNDATION 144953 0 0 0 224 0 8633 0 20157 0 173967 0 0 0 PART I, LINE 3 SOCIETY OF MANUFACTURING ENGINEERS ("SME"), THE PARENT ORGANIZATION OF SME-EF, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S VICE PRESIDENT: 1) RECOMMENDATION OF THE SME CEO 2) BENCHMARK STUDIES BY AN INDEPENDENT COMPENSATION CONSULTANT 3) FORM 990 OF OTHER SIMILAR ORGANIZATIONS 4) PRE-ESTABLISHED JOB OBJECTIVES IN ACCORDANCE WITH THE SME EXECUTIVE INCENTIVE PLAN 5) APPROVAL BY THE SME EXECUTIVE COMPENSATION COMMITTEE PART I, LINE 4A JULIE DUFF WAS GIVEN SEVERANCE COMPENSATION OF $60,000 PAID BY SME ON NOVEMBER 1, 2019. PART I, LINE 5 SME, A RELATED ORGANIZATION, PAID BONUSES TO ITS MANAGEMENT, INCLUDING THE SME EDUCATION FOUNDATION VICE-PRESIDENT. THE BONUSES WERE PARTLY BASED ON ACHIEVEMENT OF SPECIFIC PROJECT MANAGEMENT GOALS AND PARTLY UPON THE REVENUES OF SME. NO PORTION WAS CONTINGENT UPON THE NET EARNINGS OF SME-EF OR ANY RELATED ORGANIZATION. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION (CONTINUED) E. TO CONDUCT ANY AND ALL SUCH ACTIVITIES AND EXERCISE ANY AND ALL SUCH POWERS AS ARE NECESSARY OR DESIRABLE TO THE ACHIEVEMENT OF THE FOREGOING AND FURTHERANCE OF THE PURPOSES OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 SME IS THE SOLE SHAREHOLDER OF SME EDUCATION FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A ALL ELECTED DIRECTORS ARE APPROVED BY THE SME EXECUTIVE COMPENSATION COMMITTEE AND SERVE AT THE PLEASURE OF THE SHAREHOLDER, SME. FORM 990, PART VI, SECTION A, LINE 7B THE SME-EF BYLAWS ARE REVIEWED AND APPROVED BY THE SME EXECUTIVE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B SME AND SME-EF UTILIZE AN INDEPENDENT ACCOUNTING FIRM TO COMPLETE THE FORM 990 AND RELATED SCHEDULES. A DETAILED REVIEW OF THE FEDERAL FORM 990 WAS PERFORMED BY THE VICE PRESIDENT, FINANCE, AND THE CHIEF EXECUTIVE OFFICER OF SME AND SME-EF. WHEN THE RETURN WAS FINALIZED, IT WAS PRESENTED TO THE EXECUTIVE DIRECTOR/CEO FOR DISCUSSION AND REVIEW, WHERE ALL COMMENTS WERE ADDRESSED. THE RETURN WAS THEN PRESENTED TO THE SME/SME-EF'S COMBINED AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL, AS DELEGATED PER THE GOVERNING BODIES. THE SIGNED RETURN WAS MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES SIGN A DISCLOSURE FORM WHEN THEY ARE HIRED AND ARE REMINDED OF THE POLICY ANNUALLY. IF A CONFLICT ARISES, THEY ARE EVALUATED BY THE VICE PRESIDENT, HUMAN RESOURCES AND THE SME EXECUTIVE DIRECTOR/CEO. CORRECTIVE ACTION IS TAKEN IF REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 ALL SME-EF STAFF ARE EMPLOYED BY SME, WHICH ALSO PROVIDES ACCESS TO EMPLOYEE BENEFIT PLANS. SME-EF REIMBURSES SME FOR ITS EMPLOYEE COSTS. BENCHMARK STUDIES HAVE BEEN PERFORMED WHEN DETERMINING THE COMPENSATION TO BE PAID TO THE SME CEO/EXECUTIVE DIRECTOR AND ALL TOP MANAGEMENT. A THIRD PARTY PERFORMED AN INDEPENDENT ASSESSMENT USING MULTIPLE LOCAL AND NATIONAL SURVEYS. TARGET COMPENSATION IS BASED ON THESE BENCHMARK STUDIES. THE EXECUTIVE COMPENSATION COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE REVIEW FOR THE CEO/EXECUTIVE DIRECTOR AGAINST PREVIOUSLY SET OBJECTIVES. THE CEO/EXECUTIVE DIRECTOR CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF ALL TOP MANAGEMENT AGAINST PREVIOUSLY SET OBJECTIVES. MERIT INCREASES ARE AWARDED ANNUALLY BY THE EXECUTIVE COMPENSATION COMMITTEE FOR THE CEO/EXECUTIVE DIRECTOR AND ALL TOP MANAGEMENT, BASED ON PERFORMANCE REVIEWS. EXECUTIVE INCENTIVES ARE AWARDED BASED ON THE EXECUTIVE INCENTIVE PLAN. FORM 990, PART VI, SECTION C, LINE 19 SME-EF MAKES ITS CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. ELECTRONIC AND PRINTED COPIES ARE BOTH AVAILABLE. FORM 990, PART XI, LINE 9: REVALUATION OF CHARITABLE GIFY ANNUITY OBLIGATIONS -34,814. FORM 990, PART V, LINE 2A: NUMBER OF EMPLOYEES ON FORM W-3 THE NUMBER OF EMPLOYEES REPORTED (9) CORRESPONDS TO DEDICATED SME-EF EMPLOYEES, ALTHOUGH ALL WAGE/W-3 REPORTING IS SOLELY THROUGH SME, THE COMMON PAYMASTER. ALL SME-EF STAFF ARE EMPLOYED BY SME, WHICH ALSO PROVIDES ACCESS TO EMPLOYEE BENEFIT PLANS. SME-EF REIMBURSES SME FOR ITS EMPLOYEE COSTS. FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II: ALLOCATION OF COMPENSATION AMONG ORGANIZATION AND RELATED ORG. THE EXECUTIVE DIRECTOR & CEO AND VICE PRESIDENT, FINANCE PROVIDES SERVICES TO BOTH SME-EF AND SOCIETY OF MANUFACTURING ENGINEERS, A RELATED ORGANIZATION WHO ALSO SERVES AS THE COMMON PAYMASTER. ADDITIONALLY, THE VICE PRESIDENT, SME-EF AND EDUCATIONAL PROGRAMS OFFICER PERFORM WORK SOLELY FOR SME-EF, BUT ARE COMPENSATED BY SOCIETY OF MANUFACTURING ENGINEERS. COMPENSATION FOR THESE INDIVIDUALS ON PART VII, SECTION A AND SCHEDULE J, PART II HAS BEEN ALLOCATED BASED OFF THE HOURS OF WORK PERFORMED FOR EACH ORGANIZATION. SOCIETY OF MANUFACTURING ENGINEERS ONE SME DRIVE DEARBORN MI 48128 380298770 EDUCATION MI 501(C)(3) LINE 10 N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0